THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT

Registered charity 257133 · accounts filings on the Charity Commission register · also known as I H E E M

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Latest income
£1.2m
Latest spending
£1.1m
Registered
1968
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £81,428 for the year ended 31 December 2024, with total income of £1,176,108. Per the trustees' report, free cash reserves amounted to £784,565, which exceeds the stated policy target of £250,000. The decrease in reserves from the previous year was primarily due to a £348,231 investment in head office refurbishment.

What the accounts disclose

Employees paid over £60,000: 2
2 employees received emoluments in excess of £60,000 (2023: 2). — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £250,000 (held: £785k)
A level of free reserves of £250,000 equating to approximately six months management, administration is considered appropriate.
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Consultancy costs from PNFM Consulting Ltd, a business partly owned by a trustee, P Fenton.
During the year, the charitable company incurred consultancy costs totalling £1,580 (2023: £NIL) from PNFM Consulting Ltd, a business partly owned by a trustee, P Fenton. At the year end, the charitable company owed £NIL (2023: £NIL) to PNFM Consulting Ltd. These transactions were on an arm's length commercial basis. — page 43
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £962
There was £962 due to the pension scheme administrator at the year end (2023: £NIL).
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: IHEEM Limited
The charity's wholly owned trading subsidiary, IHEEM Limited (Company No: 10905009), which is incorporated in England and Wales, pays all of its profits to the charity. — page 36
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.0m
Total spending
£1.1m
Reserves (reported)
£1.3m
Employees
11

Reported reserves equal ~14.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.2m£1.1m
31/12/2024£1.2m£1.1m
31/12/2023£963k£742k
31/12/2022£915k£720k
31/12/2021£520k£482k

Common questions

Is THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT financially healthy?

The accounts state that the charity generated a surplus of £81,428 for the year ended 31 December 2024, with total income of £1,176,108. Per the trustees' report, free cash reserves amounted to £784,565, which exceeds the stated policy target of £250,000. The decrease in reserves from the previous year was primarily due to a £348,231 investment in head office refurbishment. Its FY2024 accounts were audited by MC Audit Limited.